Tencent and Dalian Wanda are lining up investments in the online travel guide operator, which raised $200m from Ctrip last year.
LY.com, the China-based online travel guide publisher backed by travel agency Ctrip, has launched an initial public offering in its home country, China Money Network reported on Friday citing local media.
Founded in 2004, LY.com operates an online service that enables users to search for specific sites of interest within defined geographical areas, and also operates as a portal for users to book visits to places of interest such as zoos or museums.
Ctrip invested $200m in Tongcheng Network,…
